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UK Inflation at 3% in January Despite Interest Rate Cuts

UK inflation fell to 3% in January, still above the Bank of England's 2% target despite six interest rate cuts since August 2024. Wage growth outpaced inflation, while the Bank balances economic risks amid weak growth and rising unemployment.

5 min read

Over 100 Jobs at Risk as Aberdeenshire Butcher Donald Russell Plans Closure

Donald Russell, an Aberdeenshire online butcher, plans to close, putting over 100 jobs at risk amid financial challenges and volatile meat prices.

2 min read

Glencore to Distribute $2bn to Shareholders Despite 6% Profit Decline

Glencore plans a $2bn payout to shareholders despite a 6% profit drop and failed $260bn merger with Rio Tinto, focusing on expanding copper production amid fluctuating commodity prices.

3 min read

UK Inflation Falls to 3%, Boosting Chances of March BoE Rate Cut; FTSE 100 Hits Record

UK inflation fell to 3% in January, the lowest since March 2025, raising chances of a March Bank of England rate cut. The FTSE 100 reached a record high amid easing inflation, while experts debate timing of rate cuts and note sticky services inflation.

15 min read

UK Inflation Drops to 3% in January Fueled by Lower Fuel and Food Prices

UK inflation fell to 3% in January from 3.4% in December, driven by lower fuel, airfare, and food prices, as the government aims to reduce the cost of living.

1 min read

Manx Businesses Praise Largest Rise in Tax-Free Allowance Amid Budget Changes

Manx businesses welcome the largest rise in tax-free allowance to £17,000, offsetting a reduced minimum wage increase amid mixed reactions from sectors including care.

4 min read

Investor Fears Losing £12,000 in Brewdog as Sale Looms

Richard Fisher invested £12,000 in Brewdog's Equity for Punks scheme but now fears losing it all as the company prepares for a potential sale amid declining share value and priority given to institutional investors.

5 min read

UK Youth Face High Unemployment Amid Rising Costs and AI Impact

Young people in the UK face high unemployment rates amid rising business costs and AI-driven job changes. Graduates and entry-level seekers struggle to find work despite government initiatives like the Youth Guarantee Scheme.

4 min read

Lidl Plans 16 New Stores in Northern Ireland, Boosting Jobs and Economy

Lidl plans to open 16 new stores in Northern Ireland by 2032, boosting jobs to 2,400 and adding £475m annually to the economy, despite planning delays.

2 min read

Netflix and Paramount Compete to Acquire Warner Bros: Who Will Prevail?

Netflix and Paramount are competing to acquire Warner Bros Discovery, with Netflix offering $82.7bn for studio and streaming assets, and Paramount proposing $108.4bn for the entire company amid regulatory scrutiny and political ties.

5 min read

Boohoo and Debenhams Owner Raises £35m, Risking Clash with Mike Ashley

The owner of Boohoo and Debenhams is raising £35m to cut debts and fund a turnaround, risking conflict with Mike Ashley's Frasers Group, the largest shareholder with nearly 30% stake.

3 min read

UK Unemployment Rises to 5.2% Amid Slowing Wage Growth

UK unemployment rose to 5.2% in Q4 2025, the highest since early 2021, while wage growth slowed amid rising employment costs and weak hiring.

2 min read